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ST. LOUIS — Leaders of Green Street Real Estate Ventures are facing allegations that they owe $1 million to the owners of several senior living facilities.

Invesque, an Indiana-based public real estate investment firm, and its affiliates allege in federal court that Green Street CEO Phil Hulse and Principal Kevin Morrell agreed to be personally liable for any unpaid rent and expenses for three senior living facilities Hulse and Morrell’s company leased and operated.

But Invesque and its affiliates claim that Hulse and Morrell failed to cover rent and other expenses for the facilities even after they received several notices of default. Two of those facilities are in Texas, and one is in Arkansas.

Invesque said it notified Hulse and Morrell that the company was replacing them with new operators effective Aug. 5.

An attorney for Invesque did not respond to a request for comment. Morrell said the parties will soon reach a deal.

“We are working towards a settlement amenable to both parties,� Morrell said.

The lawsuit is another pain point for the Green Street leaders, whose company is facing multiple lawsuits on its St. Louis projects and pressure from city leaders to pay back taxes on several properties.

Green Street also recently sued Bar K, the dog park and bar venue, alleging it owes Green Street almost $300,000 of back rent.

Morrell said other Green Street projects are ongoing. The Rail, a new apartment building under construction on McRee Avenue, has opened leasing and is expected to open before the end of the year, he said.